
Crypto Price Review for January 2023: Analyzing ETH, XRP, ADA, BNB, and HYPE
This article provides an in-depth analysis of the current price movements of several major cryptocurrencies including Ethereum, Ripple, Cardano, Binance Coin, and HYPE, highlighting key trends and predictions for the coming months.
This Friday, we analyze several prominent cryptocurrencies including Ethereum, Ripple, Cardano, Binance Coin, and HYPE.
Ethereum (ETH)
Ethereum has faced a 12% drop this week, struggling to maintain its position after hitting a key resistance level of $3,345. Currently, it is trading below the critical $3,000 support. If it fails to reclaim this level soon, a bearish outlook could dominate in the near future.
ETH Price Chart
Ripple (XRP)
Ripple demonstrated impressive growth late in 2024, but has largely traded sideways between $2 and $3 in 2025. However, it may see a downward correction now, with experts predicting it could drop to $1 following a bearish indicator on its monthly chart. If $1.6 support breaks, it could challenge the $1 level later this year.
XRP Price Chart
Cardano (ADA)
Cardano has disappointed investors with an 8% decrease this week, unable to surpass the resistance point of 40 cents. With weak buying momentum, it’s likely to correct down to 30 cents if interest doesn’t resurface.
ADA Price Chart
Binance Coin (BNB)
Despite attempts to push above $900, Binance Coin faced rejection and concluded the week with a 5% decline. If it cannot break through this wall, further tests of $800 and $700 may occur.
BNB Price Chart
Hype (HYPE)
HYPE has seen a staggering 65% drop since its peak in September 2025, with a recent 15% decline indicating continued downward pressure. Many speculate that unless conditions change, it could test its lower support levels as low as $10.
HYPE Price Chart
Stay tuned for more updates on market trends!
